News May 29, 2023 Singapore’s Temasek to Exercise Caution in Crypto Space After FTX Nightmare Temasek wrote down the entirety of its investment in FTX in November.
News April 28, 2023 ‘Opportunism and Demagoguery’ Fuel the U.S. Regulatory Crackdown, Steptoe Partner Says Steptoe Partner Jason Weinstein, on the stage at Consensus 2023 in Austin, Texas, said this latest wave of crackdowns on the crypto industry is the worst he has ever seen.
News March 20, 2023 FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged.
News March 9, 2023 FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi’s Investment Arm The agreement requires approval from a Delaware bankruptcy court as failed exchange seeks to raise funds for creditors.
News March 7, 2023 FTX Bankruptcy Special Counsel, Advisers Bill $38M for January FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case.
News March 4, 2023 Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.